Reviewing

Every statutory auditor in public practice is required by the Regulator to undertake a Whole Practice Review, including an Audit Compliance Review. The selection of the reviewer and the frequency of this review is determined by the size of the audit practice. Read More…

Engagement Quality Control Reviews (EQCR) and Hot File Reviews are issued prior to the signage of the audit report. An EQCR is mandatory for Public Interest Entities (PIEs) and other companies considered to be high risk for the audit practice. Read More…

Cold File Reviews are carried out after the audit report is issued. The objective is to identify and address gaps that may exist when comparing with professional standards. Financial Statement Reviews assess compliance with the presentation and disclosure requirements of the financial reporting regime. Read More…

Training

Compass Malta in-house CPE recognised training courses are a cost-effective and bespoke approach for small and mid-tier audit practices that want direct interaction with the experts at the comfort of the offices. Read More…
COMPASS Knowledge Base has been developed with a particular profile in mind – a practitioner who amidst the pressing work commitments, has quality at heart and who still feels a thirst for knowledge and the need for professional development. Read More…
The in-house Continuous Professional Education (CPE) programme is delivered by highly experienced speakers, renowned persons and professionals in their respective field, as well as multi-disciplinary experts. Read More…

Assisting

As heightened regulation is shaping the audit and assurance profession, each auditor in public practice is required to list down the policies and procedures relating to quality control and anti-money laundering, amongst others. Read More…

Written technical advice is the best evidence that you can obtain on your audit file. It is reassuring that no matter the size of your practice, you too can also benefit from an independent technical department offering you best advice. Read More…

We are always here to help out in whatever way. We are also interested to improve on our methodologies and provide you with higher qualitative service at all times. Read More…

About

‘I am passionate about helping auditors resolve complex issues and in being their point of reference for technical dilemmas.’

A warm welcome to COMPASS, the COMPlete Audit Support Services dedicated to statutory auditors in public practice in Malta in the fields of auditing, assurance, financial reporting and anti-money laundering support.

I am confident you will benefit from the professional expertise and in-house training excellence we have become renowned for during the past years. Read More…

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Why Compass?

COMPASS can act as your technical advisor for any significant, difficult, or contentious issue identified during planning or throughout the statutory audit engagement.

Why not engage to COMPASS collective experience and expertise to reduce the risk of error and improve the quality of audit engagement performance?

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Compassland Adventures

Looking for the lighter side of the auditing and accounting profession? These comics feature situations wherein through a cartoon or illustration you will recognise awkward moments wherein you or your colleagues or your clients can easily relate to.

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Compassland Adventures

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More Topics

Whole Practice Review          In-House CPE Training          Consulting

Cold File Review          Hot File Review